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00:19:10 MDT -0600

 To Starbucks, a Closing; To Newark, a Trauma

 The planned closing of a Starbucks in Newark pains those who saw it as a welcome sign of normalcy.

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23:27:44 MDT -0600

 Woes Afflicting Mortgage Giants Raise Loan Rates

 The troubles at Fannie Mae and Freddie Mac could deal another blow to the housing market, as higher interest rates make it harder to refinance existing debts.

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23:20:52 MDT -0600

 Bank Investors Redefine Bad News

 Results that would have once been viewed as disastrous are now seen as good, even great, by some.

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22:53:05 MDT -0600

 U.S. Offers a Subsidy Concession at Trade Talks

 In global trade talks, the United States offered to cut $1.4 billion more in subsidies to American farmers than in its previous offer.

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22:52:55 MDT -0600

 A Mortgage Rescue Strains Calculations

 The Congressional Budget Office said a proposed rescue of Fannie Mae and Freddie Mac could appear on the federal budget as a $25 billion cost to taxpayers, but the figure is, at best, a rough estimate.

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22:51:33 MDT -0600

 Vodafone Cuts Revenue Forecast

 Vodafone, the world’s largest cellphone operator, said it was cutting its revenue forecast for the year to around $79.6 billion, the lower end of its previous estimate.

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22:47:17 MDT -0600

 Uprising Against the Ethanol Mandate

 The Texas governor is leading a coalition seeking to waive the federal ethanol mandate because of costly grain.

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22:39:34 MDT -0600

 Building’s Sale at a Loss Reflects Market Travails

 The office building at 1372 Broadway is changing hands at a loss of $41 million compared to its sales price a year ago.

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22:30:37 MDT -0600

 Stocks and Bonds: Stocks Surge as Investors Cheer Drop in Oil Prices

 A modest rally on Wall Street accelerated in late trading on Tuesday, as another steep drop in oil prices sent the Dow Jones industrial average surging 135 points to its highest close in a month.

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22:29:16 MDT -0600

 Schwab Names Chief to Succeed Founder

 The nation’s largest discount brokerage Charles Schwab said that it had appointed Walter W. Bettinger II as president and chief executive, to succeed its founder.

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22:29:07 MDT -0600

 Profit at U.P.S. Meets Forecast

 United Parcel Service reported profit in line with analysts’ expectations on Tuesday, despite high fuel costs and a weak national economy.

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22:27:48 MDT -0600

 Nissan Says Electric Cars Will Be Quickly Profitable

 The capabilities of Nissan’s electric cars, to be introduced in 2010, will vary by country but none will have range-extending gasoline engines, the company’s chief executive said.

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22:27:37 MDT -0600

 BP Will Withdraw Its Engineers in Russia

 BP is fending off a corporate raid by its Russian partners backed by Russian regulatory authorities, part of the strategy of which is to expel expatriate staff members from their joint venture.

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22:27:21 MDT -0600

 Drug Firm’s Profit Surpasses Estimates

 Biogen Idec reported a higher-than-expected second-quarter profit on Tuesday as sales of its closely watched multiple sclerosis drug Tysabri surged past Wall Street estimates.

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22:27:07 MDT -0600

 New Law Turns Brown Into Green for New York State

 A planned law change would reward developers for undertaking particularly demanding environmental cleanups.

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22:25:34 MDT -0600

 Speculators Aren’t Driving Up Oil Prices, Report Says

 A preliminary study by a federal task force concluded that the rise in oil prices over the last five years was “largely due” to rising demand for oil, rather than speculation.

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22:25:29 MDT -0600

 Prices of Food and Gas Take a Toll in Asia

 With large price increases for commonly used commodities, countries like India and Vietnam are already having to deal with double-digit inflation.

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22:21:26 MDT -0600

 Advertising: Direct Mail Tries to Go Green. No, Really.

 A group of direct-marketing companies, along with a handful of their corporate clients, are banding together to make an inherently unsustainable practice at least a little bit greener.

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22:19:14 MDT -0600

 Talk of Chief’s Health Weighs on Apple’s Share Price

 Despite reassurances that he is cancer free four years after he was treated for pancreatic cancer, analysts are worried that Steven P. Jobs might be sick again.

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22:18:47 MDT -0600

 Earnings at Caterpillar Climb 34%

 The construction and mining equipment company widely beat expectations, as strong growth in emerging economies offset weakness in North America, Western Europe and Japan.

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